Nielsen-Kellerman, Inc. (NK) announced the acquisition of the assets of MagnetoSpeed, LLC, the manufacturer of shooting accessories for the competition, hunting, recreational and military markets. MagnetoSpeed joins Kestrel Ballistics as part of the Ballistics Division.
“The MagnetoSpeed acquisition is a win for our companies, our customers, and the shooting community as a whole. The MagnetoSpeed brand is known for accuracy, durability, and innovation. This aligns with our commitment to producing extremely accurate, rugged, purpose-built ballistics tools for improving long-range precision and shooting performance.”
“The move not only expands product category offerings and new product development opportunities, but it also supports NK’s commitment to expanding its offerings to the shooting, hunting, and outdoor users,” said Alix James, CEO of Nielsen-Kellerman. “In the long run, we see exciting opportunities to improve the function of the chronograph line by connecting the chronographs directly to Kestrel Ballistics Weather Meters with Kestrel Link. The MagnetoSpeed founders are brilliant engineers and we are grateful for the opportunity to build upon their design innovations.”
The MagnetoSpeed team added, “Ten years ago, three young engineers from Texas began work on a new kind of chronograph. It began with a crude prototype, but with the support of the shooting community, we were able to bootstrap those humble beginnings into a successful company that provides modern marksmen all over the world with valuable tools. We see a great opportunity with Kestrel’s Ballistic division to take our products to the next level and to develop amazing new ones. Thank you all for the support over the years as we couldn’t have done any of this without you.”
Photo courtesy MagnetoSpeed
